Even though owning your own home has long been considered a major part of the American dream, only 64% of American are currently homeowners. That means a lot of you are still renting, saving, and hoping to buy a home soon.
Well, now is a great time to buy a home because interest rates are at or near all-time lows.
While everyone knows that you can get a conventional mortgage with 20 percent down, not everyone knows that there are a variety of other programs that can help people buy that home if they aren’t able to save 20 percent of the cost of the home. With rent increasing and wages not growing with inflation, that can be an unreachable number for some families to get to.
An FHA loan will get you into a home with only a 3.5% down payment. You will have to pay PMI, or private mortgage insurance. However, it removes a substantial barrier to entry for people who aren’t able to put away that kind of money.
If you’re eligible, a VA loan is the best loan you can get, and right now it’s even better. Lower rates are still lower rates, and you can get 100% financing on a VA Loan on your home. Our Hero.Loan program enhances this with 14 day closings and we pay for your appraisals.
With interest rates so low, you really can buy more home than you think. It gives you lots of options on how to buy. If you want a lower payment, you can get a lower payment. If you want to limit the term to 15 years, you can. Buying a house that you thought was out of your price range is feasible now because you can get that lower interest rate and have a lower payment.
For a lot of reasons, this is one of the best times in recent history to buy a home. Rates are low, meaning that you can get more house for less money, or you may be able to buy a house when you didn’t think that you could.
Call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.
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The John Schutze Team
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.
WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.
BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.
WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.